Energy News


Crew Transfer Vessel Arrives in Japan to Serve Ishikari Bay New Port Offshore Wind Project

Apr 25, 2023

A new crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm in Hokkaido Prefecture arrived in Japan from Singapore on April 19, Japan's NYK has informed. The vessel is named “Rera As.”After completing its sea trials, the…

Eni CEO and President of the Republic of the Congo Lay Foundation for Major Gas Project

Apr 25, 2023

The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…

Gazelle Says Its New Floating Wind Platform Reduces Costs and Environmental Impact

Apr 25, 2023

Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, is unveiling third-generation technology this week at a wind industry event in Denmark.The company said its enhanced design 'further refines Gazelle’s…

Shelf Drilling Lands $11M Offshore Drilling Rig Contract in Nigeria

Apr 25, 2023

Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…

Israel's Sovereign Wealth Fund Gets Full-time Manager

Apr 25, 2023

The Bank of Israel on Monday named Lena Krupalnik, a veteran institutional investment manager, to oversee the country's sovereign wealth fund which was set up in 2014 following the discovery of huge [offshore] natural gas deposits.After a four…

Ecopetrol to Use Artificial Intelligence to Boost Oil Exploration Success Rates and Output

Apr 25, 2023

Colombia's majority state-owned oil company Ecopetrol will use new technology, including artificial intelligence, to improve exploration success rates and boost output from existing fields, new Chief Executive Ricardo Roa said on Monday.Roa…

Vestas to Supply 25 Offshore Wind Turbines for Wind Farm in Japan

Apr 25, 2023

Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply offshore wind turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan.The offshore wind project is located offshore Kitakyushu city…

Exxon Applies for Four Offshore Oil Blocks in Liberia

Apr 25, 2023

Exxon Mobil Corp. has applied to prequalify for four offshore oil blocks in Liberia, the West African country's state oil regulator said in a statement on Sunday. Once prequalified, Exxon will be invited to negotiate a Petroleum Sharing Agreement for Blocks 15…

UK Court to Hear Greenpeace Challenge to Oil and Gas Licensing Round

Apr 24, 2023

Britain's High Court is expected to decide on Tuesday whether to grant Greenpeace permission to proceed with a challenge to the country's last oil and gas licensing round on climate grounds, the activist group said on Monday.Last year Britain…

European Countries Aim to Turn North Sea into Green Power Engine

Apr 24, 2023

Leaders from European countries surrounding the North Sea pledged on Monday to rapidly scale up offshore wind power generation in the region to strengthen energy security, at a summit in Ostend, Belgium.Leaders from seven European Union countries…

UK's North Sea Transition Authority Could Become a Regulator for Offshore Hydrogen Transport, Storage

Apr 24, 2023

The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen. The consultation is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage. The consultation, proposes to…

Erdogan Offers Free Gas Pre-election after First Black Sea Field Shipment

Apr 24, 2023

President Tayyip Erdogan last Thursday flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections…

Norway's Offshore Safety Regulator Issues Order to Saipem Over Regulatory Breaches on Scarabeo 8 Rig

Apr 24, 2023

The Norwegian offshore industry safety body, the Petroleum Safety Authority Norway (PSA), said Monday that it had identified serious breaches of regulations at Saipem's Scarabeo 8 semi-submersible drilling rig after an audit earlier this year…

Major Strike Action to Hit UK North Sea Oil and Gas Platforms

Apr 24, 2023

UK-based union Unite said Friday that historic 48-hour strike action would hit platforms in the UK North Sea.Unite said that 1300 offshore workers would begin a 48-hour stoppage from Monday, April, 24, which will cause 'severe' problems for major oil and gas operators…

Tunisia: Panoro Takes Full Ownership of Sfax Petroleum Corporation

Apr 24, 2023

Oslo-listed Panoro Energy has acquired Beender Tunisia Petroleum's 40% stake in Sfax Petroleum Corporation AS.SPC through its subsidiaries indirectly owns a 49 percent interest in the producing TPS Assets which comprise five oil field concessions in the region of the city of Sfax…

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